Warning signs of recession were triggered in every economy worldwide. Central bank interest rates shot up to all time highs, big players continue deep into sell-offs and global indicators extended further downtrends.
Needless to say, SGX is not spared from the economic turmoil. Almost every stock went bearish. Question now is, when are we hitting the trough, or for noobs like me - somewhere near the trough would be good enough!
Then came some Asian news to talk the market up thanks to China easing restrictions. Some of my Asian stocks rode the wave up, but only for a little.
Can't really comment much because I've been super busy with work, assignments and family. That I had to even sacrifice my workouts.
But anyways, I also don't have much in my warchest to go shopping, plus it's too late for me to reap realised gains for stock hopping.
Seems like all my stocks are just trend followers; whichever way the market goes, it follows suit. I'm just gonna wait for some 'pocket money' to come in before I get back to the hot seat for more research. In the meantime, nth much for me to do~
Warchest: 180.42
Dividends received YTD: 888.63